BOCA HOOPS INC (EIN 650135417) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Phone

5619882020

Tax Period

2024-01-01 to 2024-12-31

BOCA HOOPS INC, founded in 1988, is a small nonprofit in the Recreation & Sports sector that reported $496K in total revenue in fiscal year 2024.

Mission

YOUTH BASKETBALL LEAGUE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $496,102

Investment Income $0

Other Revenue $0

TOTAL REVENUE $496,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $516,427

Other Expenses $516,427

TOTAL EXPENSES $516,427

Year-over-Year Comparison

	2024	2023	Change
Revenue	$496,102	$498,283	0.0%
Expenses	$516,427	$496,796	+0.0%
Net Income	$-20,325	$1,487	-14.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$15,000

Total Directors

$15,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH Z FORSTOT	PRESIDENT	10.00	Officer Director	$0	$0	$0
MICHAEL DOYLE	VP	15.00	Officer Director	$15,000	$0	$15,000
GARY COHEN	SECRETARY	3.00	Director	$0	$0	$0
JOSHUA GANNON	DIRECTOR	5.00	Director	$0	$0	$0
JOSHUA GANNON	DIRECTOR	5.00	Director	$0	$0	$0
JOSEPH SABIA	DIRECTOR	1.00	Director	$0	$0	$0
JASON FORSTOT	DIRECTOR	3.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$496,102	$516,427	$117,043	$-20,325
2023	$498,283	$496,796	$137,368	$1,487
2022	$496,629	$418,610	$135,881	$78,019
2021	$304,347	$262,029	$57,862	$42,318
2020	$7,817	$49,053	$15,544	$-41,236
2019	$447,376	$433,970	$56,780	$13,406
2018	$480,649	$466,119	$43,374	$14,530

BOCA HOOPS INC